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Global Sports Food Market to Reach $104.5 Billion by 2027
In the changed post COVID-19 business landscape, the global market for Sports Food estimated at US$70.7 Billion in the year 2020, is projected to reach a revised size of US$104.5 Billion by 2027, growing at a CAGR of 5.7% over the analysis period 2020-2027. Protein Sports Food, one of the segments analyzed in the report, is projected to record a 6.9% CAGR and reach US$34.5 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Energy Sports Food segment is readjusted to a revised 6.1% CAGR for the next 7-year period.

The U.S. Market is Estimated at $19.1 Billion, While China is Forecast to Grow at 8.8% CAGR
The Sports Food market in the U.S. is estimated at US$19.1 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$22.3 Billion by the year 2027 trailing a CAGR of 8.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.1% and 5.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.6% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$14 Billion by the year 2027.


Pre-workout Sports Food Segment to Record 5.1% CAGR
In the global Pre-workout Sports Food segment, USA, Canada, Japan, China and Europe will drive the 5.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$4.2 Billion in the year 2020 will reach a projected size of US$5.8 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Latin America will expand at a 6.3% CAGR through the analysis period.